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Court used blended approach of parties' experts calculations of company's fair market value to conduct statutory appraisal, where neither expert persuasively demonstrated that their model's data was inherently reliable although each model did have some reliable features.
The court held that AT&T failed to prove that the freeze-out of minority partners was entirely fair because it did not follow a fair process and did not employ procedural protections to ensure fairness to the minority partners.
Court declined to award dissociation damages where controlling partner failed to comply with provisions of agreement between partnership and another affiliate of the controlling partner, but where such failure did not constitute a breach of the partnership agreement.
District Judge Jed S. Rakoff U.S. DISTRICT COURT SOUTHERN DISTRICT OF NEW YORK Judge Rakoff Defendants Robert Weiss and Robert H. Weiss & Associates, LL
Cite as: L-7 Designs, Inc. v. Old Navy, LLC, 09 Civ. 1432, NYLJ 1202618182267, at *1 (SDNY, Decided August 29, 2013) 09 Civ. 1432 Circuit Judge De
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